Common use of Default by Lessee Clause in Contracts

Default by Lessee. If Lessee shall default in any covenant or agreement to be performed by Lessee under this lease, and if after written notice has been sent by Lessor to Lessee, such default shall continue for a period of days, or if the leasehold interest of Lessee shall be taken on execution or other process of law or if Lessee shall petition to be or be declared bankrupt or insolvent according to law or make any conveyance or general assignment for the benefit of creditors or if a receiver be appointed for Lessee’s property and such appointment is not vacated and set aside within days from the date of such appointment, or if proceedings for reorganization, arrangement, composition or other proceedings with creditors be instituted by or against Lessee, then, and in any of such events, Lessor may immediately or at any time thereafter, and without further notice or demand, enter into and upon the premises and take absolute possession of the premises, without such reentry working a forfeiture of the rents to be paid and the covenants to be performed by Lessee for the full term of this lease. In such events, Lessor may at Lessor’s election lease or sublet the premises or any part thereof upon such terms and conditions and for such rent and for such term as Lessor may elect and, after crediting the rent actually collected by Lessor from subletting against the rentals required to be paid under this lease by Lessee, collect from Lessee any balance due on the rent required by this lease.

Appears in 2 contracts

Samples: Salon Booth Rental Agreement, Salon Booth Rental Agreement

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Default by Lessee. If Lessee shall default in any covenant or agreement Agreement to be performed by Lessee it under this lease, and if after written notice has been sent by Lessor to Lessee, such default shall continue for a period of _____ days, or if the leasehold interest of Lessee shall be taken on execution or other process of law or if Lessee shall petition to be or be declared bankrupt or insolvent according to law or make any conveyance or general assignment for the benefit of creditors or if a receiver be appointed for LesseeXxxxxx’s property and such appointment is not vacated and set aside within _____ days from the date of such appointment, or if proceedings for reorganization, arrangement, composition or other proceedings with creditors be instituted by or against Lessee, then, and in any of such events, Lessor may immediately or at any time thereafter, and without further notice or demand, enter into and upon the premises and take absolute possession of the premises, without such reentry working a forfeiture of the rents to be paid and the covenants to be performed by Lessee Xxxxxx for the full term of this lease. In such events, Lessor may at Lessor’s election lease or sublet the premises or any part thereof upon such terms and conditions and for such rent and for such term as Lessor may elect and, after crediting the rent actually collected by Lessor from subletting against the rentals required to be paid under this lease by LesseeXxxxxx, collect from Lessee any balance due on the rent required by this lease.

Appears in 1 contract

Samples: Massage Booth Rental Agreement

Default by Lessee. If Lessee shall default in any covenant or agreement to be performed by Lessee under this lease, and if after written notice has been sent by Lessor to Lessee, such default shall continue for a period of _____ days, or if the leasehold interest of Lessee shall be taken on execution or other process of law or if Lessee shall petition to be or be declared bankrupt or insolvent according to law or make any conveyance or general assignment for the benefit of creditors or if a receiver be appointed for Lessee’s property and such appointment is not vacated and set aside within _____ days from the date of such appointment, or if proceedings for reorganization, arrangement, composition or other proceedings with creditors be instituted by or against Lessee, then, and in any of such events, Lessor may immediately or at any time thereafter, and without further notice or demand, enter into and upon the premises and take absolute possession of the premises, without such reentry working a forfeiture of the rents to be paid and the covenants to be performed by Lessee for the full term of this lease. In such events, Lessor may at Lessor’s election lease or sublet the premises or any part thereof upon such terms and conditions and for such rent and for such term as Lessor may elect and, after crediting the rent actually collected by Lessor from subletting against the rentals required to be paid under this lease by Lessee, collect from Lessee any balance due on the rent required by this lease.

Appears in 1 contract

Samples: Salon Booth Rental Agreement

Default by Lessee. If Lessee shall default in any covenant or agreement Agreement to be performed by Lessee it under this lease, and if after written notice has been sent by Lessor to Lessee, such default shall continue for a period of days, or if the leasehold interest of Lessee shall be taken on execution or other process of law or if Lessee shall petition to be or be declared bankrupt or insolvent according to law or make any conveyance or general assignment for the benefit of creditors or if a receiver be appointed for Lessee’s property and such appointment is not vacated and set aside within days from the date of such appointment, or if proceedings for reorganization, arrangement, composition or other proceedings with creditors be instituted by or against Lessee, then, and in any of such events, Lessor may immediately or at any time thereafter, and without further notice or demand, enter into and upon the premises and take absolute possession of the premises, without such reentry working a forfeiture of the rents to be paid and the covenants to be performed by Lessee for the full term of this lease. In such events, Lessor may at Lessor’s election lease or sublet the premises or any part thereof upon such terms and conditions and for such rent and for such term as Lessor may elect and, after crediting the rent actually collected by Lessor from subletting against the rentals required to be paid under this lease by Lessee, collect from Lessee any balance due on the rent required by this lease.

Appears in 1 contract

Samples: Massage Booth Rental Agreement

Default by Lessee. If Lessee shall default in Xxxxxx fails to perform any covenant or agreement to be performed by Lessee under this lease, and if after Lessor has sent written notice has been sent by Lessor to Lessee, such default shall continue for a period of days, or if the leasehold interest of Lessee Xxxxxx shall be taken on execution or other process of law or if Lessee shall petition to be or be declared bankrupt or insolvent according to law or make any conveyance or general assignment for the benefit of creditors or if a receiver be appointed for LesseeXxxxxx’s property and such appointment is not vacated and set aside within days from the date of such appointment, or if proceedings for reorganization, arrangement, composition or other proceedings with creditors be instituted by or against Lessee, then, and in In any of such eventscase, Lessor may enter and take absolute possession of the premises immediately or at any time thereafter, and without further notice or demand, enter into without forfeiting the rent or covenants to be performed by Xxxxxx, and upon the premises and take absolute possession of the premises, without such reentry working a forfeiture of the these rents to be paid and the covenants to be performed by covenants. Lessee for the full term of this lease. In The Lessor may, in such eventscircumstances, Lessor may at Lessor’s election lease or sublet the premises premises, or any part thereof upon thereof, for such terms and conditions conditions, rent, and for such rent and for such term as Lessor may elect chooses, and, after crediting subtracting the rent actually collected by Lessor from subletting against from the rentals rent that Lessee is required to be paid pay under this lease by Lesseelease, collect from Lessee any balance due on the rent required by this leaserent.

Appears in 1 contract

Samples: Massage Booth Rental Agreement

Default by Lessee. If Lessee shall default in any covenant or agreement Agreement to be performed by Lessee it under this lease, and if after written notice has been sent by Lessor to Lessee, such default shall continue for a period of _____ days, or if the leasehold interest of Lessee shall be taken on execution or other process of law or if Lessee shall petition to be or be declared bankrupt or insolvent according to law or make any conveyance or general assignment for the benefit of creditors or if a receiver be appointed for Lessee’s property and such appointment is not vacated and set aside within _____ days from the date of such appointment, or if proceedings for reorganization, arrangement, composition or other proceedings with creditors be instituted by or against Lessee, then, and in any of such events, Lessor may immediately or at any time thereafter, and without further notice or demand, enter into and upon the premises and take absolute possession of the premises, without such reentry working a forfeiture of the rents to be paid and the covenants to be performed by Lessee for the full term of this lease. In such events, Lessor may at Lessor’s election lease or sublet the premises or any part thereof upon such terms and conditions and for such rent and for such term as Lessor may elect and, after crediting the rent actually collected by Lessor from subletting against the rentals required to be paid under this lease by Lessee, collect from Lessee any balance due on the rent required by this lease.

Appears in 1 contract

Samples: Massage Booth Rental Agreement

Default by Lessee. If Lessee shall default in any covenant or agreement to be performed by Lessee under this lease, and if after written notice has been sent by Lessor to Lessee, such default shall continue for a period of _____ days, or if the leasehold interest of Lessee shall be taken on execution or other process of law or if Lessee shall petition to be or be declared bankrupt or insolvent according to law or make any conveyance or general assignment for the benefit of creditors or if a receiver be appointed for LesseeXxxxxx’s property and such appointment is not vacated and set aside within _____ days from the date of such appointment, or if proceedings for reorganization, arrangement, composition or other proceedings with creditors be instituted by or against Lessee, then, and in any of such events, Lessor may immediately or at any time thereafter, and without further notice or demand, enter into and upon the premises and take absolute possession of the premises, without such reentry working a forfeiture of the rents to be paid and the covenants to be performed by Lessee Xxxxxx for the full term of this lease. In such events, Lessor may at Lessor’s election lease or sublet the premises or any part thereof upon such terms and conditions and for such rent and for such term as Lessor may elect and, after crediting the rent actually collected by Lessor from subletting against the rentals required to be paid under this lease by LesseeXxxxxx, collect from Lessee any balance due on the rent required by this lease.

Appears in 1 contract

Samples: Salon Booth Rental Agreement

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Default by Lessee. If Lessee shall default in Xxxxxx fails to perform any covenant or agreement to be performed by Lessee under this lease, and if after Lessor has sent written notice has been sent by Lessor to Lessee, such default shall continue for a period of days, or if the leasehold interest of Lessee Xxxxxx shall be taken on execution or other process of law or if Lessee shall petition to be or be declared bankrupt or insolvent according to law or make any conveyance or general assignment for the benefit of creditors or if a receiver be appointed for LesseeXxxxxx’s property and such appointment is not vacated and set aside within days from the date of such appointment, or if proceedings for reorganization, arrangement, composition or other proceedings with creditors be instituted by or against Lessee, then, In any case, Xxxxxx may enter and in any take absolute possession of such events, Lessor may the premises immediately or at any time thereafter, and without further notice or demand, enter into without forfeiting the rent or covenants to be performed by Xxxxxx, and upon the premises and take absolute possession of the premises, without such reentry working a forfeiture of the these rents to be paid and the covenants to be performed by covenants. Lessee for the full term of this lease. In The Lessor may, in such eventscircumstances, Lessor may at Lessor’s election lease or sublet the premises premises, or any part thereof upon thereof, for such terms and conditions conditions, rent, and for such rent and for such term as Lessor may elect chooses, and, after crediting subtracting the rent actually collected by Lessor from subletting against from the rentals rent that Lessee is required to be paid pay under this lease by Lesseelease, collect from Lessee any balance due on the rent required by this leaserent.

Appears in 1 contract

Samples: Salon Booth Rental Agreement

Default by Lessee. If Lessee LESSEE shall default in any covenant or agreement to be performed by Lessee it under this lease, and if after written notice has been sent by Lessor LESSOR to Lessee, LESSEE such default shall continue for a period of 10 days, or if the leasehold interest of Lessee LESSEE shall be taken on execution or other process of law or if Lessee LESSEE shall petition to be or be declared bankrupt or insolvent according to law or make any conveyance or general assignment for the benefit of creditors or if a receiver be appointed for Lessee’s LESSEE‟S property and such appointment appoint is not no vacated and set aside within 30 days from the date of such appointmentappoint, or if proceedings for reorganization, arrangement, composition or other proceedings with creditors be instituted by or against LesseeLESSEE, then, and in any of such events, Lessor LESSEE may immediately or at any time thereafter, and without further notice or demand, enter into and upon the premises and take absolute possession of the premises, without such reentry working a forfeiture of the rents to be paid and the covenants to be performed by Lessee LESSEE for the full term of this lease. In such events, Lessor LESSOR may at Lessor’s LESSOR‟S election lease or of sublet the premises or any part thereof upon such terms and conditions and for such rent and for such term as Lessor LESSOR may elect and, after crediting the rent actually collected by Lessor LESSEE from subletting against the rentals required to be paid under this lease by LesseeLESSEE, collect from Lessee LESSEE any balance due on the rent required by this lease.

Appears in 1 contract

Samples: Station Rental Agreement

Default by Lessee. If Lessee shall default in any covenant or agreement to be performed by Lessee it under this lease, and if after written notice has been sent by Lessor to Lessee, such default shall continue for a period of (e.g. 10) days, or if the leasehold interest of Lessee shall be taken on execution or other process of law or if Lessee shall petition to be or be declared bankrupt or insolvent according to law or make any conveyance or general assignment for the benefit of creditors or if a receiver be appointed for Lessee’s property and such appointment is not vacated and set aside within (e.g. 30) days from the date of such appointment, or if proceedings for reorganization, arrangement, composition or other proceedings with creditors be instituted by or against Lessee, then, and in any of such events, Lessor may immediately or at any time thereafter, and without further notice or demand, enter into and upon the premises and take absolute possession of the premises, without such reentry working a forfeiture of the rents to be paid and the covenants to be performed by Lessee for the full term of this lease. In such events, Lessor may at Lessor’s election lease or sublet the premises or any part thereof upon such terms and conditions and for such rent and for such term as Lessor may elect and, after crediting the rent actually collected by Lessor from subletting against the rentals required to be paid under this lease by Lessee, collect from Lessee any balance due on the rent required by this lease.

Appears in 1 contract

Samples: Hair Salon Booth Rental Agreement

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